An additional ….
db x-trackers index fund from Deutsche Bank‘s ETF offering has been admitted to trading on Xetra®.
ETF name: db x-trackers HSI Short Daily Index ETF
Asset class: Strategy ETF
ISIN: LU0429790313
Management fee: 0.75%
Distribution policy: non-distributing
Benchmark: HSI Short Index
The new db x-trackers ETF tracks the performance of the HSI Short Index, which enables investors to participate in the inverse performance of the Hang Seng Index for the first time. The Hang Seng Index comprises 42 companies which represent approximately 70 percent of total market capitalization on the Hong Kong stock exchange. The stocks are weighted on the basis of market capitalization and freefloat.
The product offering in Xetra’s XTF segment currently comprises 496 exchange-traded index funds, making it the largest offering of all European stock exchanges. With this offering and an average monthly trading volume of around €10 billion, Deutsche Börse’s XTF segment is the leading trading venue for ETFs in Europe.
Xetra® is a registered trademark of Deutsche Börse AG.
Source: ETFWorld – Deutsche Börse
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